2014 New Hampshire Revised Statutes
Title XXXVIII - SECURITIES
Chapter 421-B - SECURITIES
Section 421-B:3 - Sales and Purchases.

    421-B:3 Sales and Purchases. –
    I. It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly:
       (a) To employ any device, scheme, or artifice to defraud;
       (b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or
       (c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
    II. For purposes of this section, a fraudulent or deceptive device or contrivance shall include, but shall not be limited to:
       (a) Representing in the offer or sale of securities, in writing or orally, that there is a guarantee against risk or loss.
       (b) Inducing excessive trading in a customer's account, or inducing trading beyond that customer's known financial resources.
       (c) Effecting transactions in the account of a customer without his or her knowledge or maintaining discretionary accounts without written authorization.

Source. 1981, 214:1, eff. Jan. 1, 1982. 2006, 245:2, eff. July 1, 2006.